Analysts at StockNews.com initiated coverage on shares of The Dixie Group (NASDAQ:DXYN – Get Free Report) in a research report issued on Thursday. The firm set a “hold” rating on the textile maker’s stock.
The Dixie Group Stock Performance
Shares of DXYN opened at $0.90 on Thursday. The company has a 50-day moving average of $0.76 and a two-hundred day moving average of $0.72. The Dixie Group has a one year low of $0.45 and a one year high of $1.00. The company has a debt-to-equity ratio of 3.03, a current ratio of 2.57 and a quick ratio of 0.87. The stock has a market cap of $14.30 million, a price-to-earnings ratio of -3.60 and a beta of 2.67.
The Dixie Group (NASDAQ:DXYN – Get Free Report) last issued its earnings results on Thursday, August 8th. The textile maker reported $0.04 earnings per share (EPS) for the quarter. The Dixie Group had a negative net margin of 0.42% and a negative return on equity of 1.92%. The company had revenue of $70.51 million during the quarter.
Institutional Investors Weigh In On The Dixie Group
About The Dixie Group
The Dixie Group, Inc manufactures, markets, and sells floorcovering products to residential customers in North America and internationally. The company offers residential carpets, custom rugs, and engineered wood products under the Fabrica brand for interior decorators and designers, selected retailers and furniture stores, luxury home builders, and manufacturers of luxury motor coaches and yachts; and specialty carpets and rugs for the high-end residential marketplace, as well as luxury vinyl flooring products and broadloom carpet products under the Masland Residential brand name through the interior design community and specialty floorcovering retailers.
Read More
- Five stocks we like better than The Dixie Group
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Taiwan Semiconductor Stock: Buy Now or Wait for Earnings?
- Investing in the High PE Growth Stocks
- Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
- The How And Why of Investing in Oil Stocks
- Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
Receive News & Ratings for The Dixie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Dixie Group and related companies with MarketBeat.com's FREE daily email newsletter.